Principal and Interest or Interest Only payments for up to the first 5 years.

Additional payments (variable accounts)

Unlimited, without cost. Additional payments must be made by the SMSF.

Option to fix

All or part of the loan can be fixed at any time without cost. Fixed rate terms are available from 1 through to 5 years.

Rate lock

A free rate lock is offered on all fixed rate applications to protect you from interest rate movements between formal approval and settlement. Rate is only locked once your loan is formally approved a

Additional payments (fixed accounts)

Up to 5% of the initial account balance each year without penalty. Break costs may apply if additional repayments made beyond these limits.

Construction option

Family guarantee option

Loan Access

Internet and phone banking available.

Loan payments can be made via Direct Debit, Salary Credit & Over the counter deposits at Australia Post.

Redraw and transactional functionality not permitted.

Rates

Rates vary according to loan purpose, LVR and repayment type as summarised below.

Variable rates (LVR)

LVR is the ratio of the loan amount and the value of the property e.g. a loan of $400,000 on a property valued at $500,000 has an LVR of 80%.

Borrower rate

Comparison rate ^

< 70.00%

5.97% p.a.

6.00% p.a. ^

Variable rates (LVR)

LVR is the ratio of the loan amount and the value of the property e.g. a loan of $400,000 on a property valued at $500,000 has an LVR of 80%.

Borrower rate

Comparison rate ^

< 70.00%

6.44% p.a.

6.48% p.a. ^

Different rates may apply for larger loans sizes. If this is the case for you, please refer to the comparison rate schedule.

Fees

Application fee

$500

Documentation fee

Payable for solicitors costs over $300*

Valuation fee

Nil (single property, terms and conditions apply)

Account management fee

Nil

Mortgage discharge fee

$400

Construction administration fee

N/A

Other fees are payable, full details covered in mortgage documentation.

Other terms and conditions

*This comparison rates are based on loan of $150,000 over the term of 25 years. Rates are correct as at 11/02/19 and are subject to change. WARNING: The comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Fixed rate loans may be subject to significant break costs. Please refer to the loan contracts for terms and conditions regarding break costs. At the end of the fixed rate period, the interest rate will revert to the discount variable rate applicable at that time.

Offer available for new loan only. Not for owner-occupied purpose. Purchase or refinance of an existing residential investment property. Refinance transactions only for those properties currently held within an SMSF structure. SMSF loan amounts from $150,000 - $1,000,000, maximum loan-to-value ratio of 80%, additional credit criteria apply. Not available in conjunction with any other offer.